BATES ROAD

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ASKING PRICE: $1,375,000 Partnership. Performance.

FOR SALE

OUTSTANDING REDEVELOPMENT OPPORTUNITY 2875 Bates Road is an excellent investment opportunity for developers looking to acquire a development site on Bates Road, with a ±68,000-square foot potential density. The 25,910-square foot property sits on a 17,218-square foot lot at the intersection of Bates Road and Darlington Avenue in the Côte-desNeiges/Notre-Dame-de-Grâce borough, adjacent to the Town of MountRoyal. The immediate area is currently undergoing significant redevelopment, with the construction of several condominium projects (240 Bates, 2280 Ekers, Le Bates, Lara Condos, Orizon Condos). The neighbourhood is gaining in popularity, and one of the adjacent projects has already announced the construction of a second phase. FOR FURTHER INFORMATION :

Robert Emblem, Vice President Chartered Real Estate Broker* 514.360.3641 [email protected]

John-Paul Lapierre, President Real Estate Broker** Badger Blaireau 514.894.1556

*Avison Young Québec Inc., Commercial Real Estate Agency / **Badger Blaireau Consulting Inc., Real Estate Agency

DEVELOPMENT SITE

2875 BATES ROAD MONTRÉAL, QC

2875 BATES ROAD MONTRÉAL, QC

DEVELOPMENT SITE FOR SALE

CONDOMINIUM PROJECTS 2875 BATES

THE PROPERTY Property Type

MUNICIPAL EVALUATION Light industrial

Land Evaluation

$184,000.00

Land Area

17,218 square feet

Building Evaluation

$1,208,000.00

Building Area

25,910 square feet

Total

$1,392,800.00

Number of floors

2 floors

Office Area

13,005 square feet

Warehouse Area

12,905 square feet

Year of Construction Electrical Entry Heating Highest and best use

1957, 1958 and 1960 400 Amps Gas and hot water

TAXES Municipal Taxes School Taxes Total Taxes

Very good opportunity for condo construction (± 68,000 square feet)*, in an area undergoing significant condominium development. *To be verified by purchaser

avisonyoung.com

Participating brokers : 1.5 %

$48,266.51 $2,448.94 $50,715.45